If you missed out on the oil and crude plays of recent weeks, this play might be for you.
Oil drillers are allegedly feeling the pain of a worker shortage, and drilling equipment shortage.
According to CNN , "They can't find people, and can't find equipment," said Robert McNally, president of consulting firm Rapidan Energy Group. "It's not like they're...
Background:
- Working on the detour trend in quebec (border's TSX:KL Detour project from the west flank. Borders TSX:WM claims)
- 3.2M Oz resource in Valdor
- July 7th news release, made a new discovery of mineralization on the monique property
- 90,000m, ongoing, drill program
Chart:
- broke 5 year down trend
- consolidating above the down trend line
- with...
Three factors; Seasonals are positive for the next sixt weeks, we broke down through two standard deviations of the channel and reversed higher, and our Momentum Reversal signal flashed a buy (Trade genius Money maker). This is a tradeable event. Now go and search the components and select the trade that fits your criteria.
Key reasons for taking a position:
Triple RSI divergence, with lower low price made for every higher highs in RSI
Velocity of the crash is getting steeper by the day! 77 degrees
Price is close to the 2003 support lows.
Take your time in building a position gradually over time, as I'd still want to wait for the final indication to go all-in for a...
